Disney shares trade at a 40% discount to the S&P 500 index
Disney’s shares have fallen 53% from their peak as of July 1.
The company’s forward price-to-earnings ratio is 12.9, a 40% discount to the S&P 500 index.
Disney’s overall profits are rising, thanks to the success of theme parks and cruises, as well as its direct-to-consumer streaming services.